Media giant indicates it will happily settle for 21st Century Fox’s current 39% stake in British broadcaster if competition authority blocks bid
Disney has signalled it will not attempt to buy 100% of Britain’s biggest pay-TV broadcaster if the media regulator quashes Rupert Murdoch’s £11.7bn bid for full control of Sky.
The owner of Walt Disney Studios is duty bound to accept the consequences of the competition regulator’s investigation into 21st Century Fox’s bid for the 61% of Sky it does not already own. If the Competition and Markets Authority clears the bid and Disney is in turn allowed to complete the $66bn (£49bn) Fox deal announced on Thursday, then Sky will come under the full ownership of the theme parks-to-films conglomerate.
Related: Disney-Fox deal: what it means for the Murdochs and their media empire
Related: Retreat of the Rupert Murdoch media empire is a 'stunning reversal'
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